SCHEDULE 3Transitional provisions
PART 7Payment of benefits to transition members
CHAPTER 2Application for payment of benefits
Application for payment of phased retirement pension
30.
(1)
A transition member (P) who makes a phased retirement application under this scheme may elect to receive phased retirement benefits—
(a)
in respect of pensionable service under the existing scheme only;
(b)
in respect of pensionable service under this scheme only; or
(c)
in respect of pensionable service under both the existing scheme and this scheme.
(2)
P's application for phased retirement benefits in respect of pensionable service under both the existing scheme and scheme may specify a different phased retirement proportion for each scheme.